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• Sunday, November 01st, 2009

Post by fortune8

Sticking with RED theme.

There’s one stock scan when back tested has produced good results consistently month over month.

Here I show you the entry, exit, and performance.  And look at what the scan has for Monday.

Back testing buy and sell at the open the following day.  I don’t always buy at the open. I try to low ball and sometimes it works and sometimes it doesn’t and I missed out.

Configuration and Exit strategy

Backtesting Performance

Bears

As you can see, it’s not about the win percentages.
It’s about how big the wins are compared to the losses.

WARNING: those are leveraged ETF’s meant for trading and not holding so you can pass them to your grandchildren!!!

GLA

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